I don't know the numbers on Japans money supply during that period then but if what we're doing now will make us like Japan in the lost decade then no thanks to that either.
What we're doing now is what Japan did too late.
Keynesians always have excuses:
"They didn't spend enough in the Depression"
"Japan started too late"
"It's not the Phillips curve that's flawed it's OPEC"
ect ect
At best we are deferring some pain till later, but it will be paid.